Copyright thediplomat
Accor, a global hospitality leader, reports revenue up 3.1% at constant currency in the third quarter of the current year, with recurring EBITDA guidance upgraded between 11% and 12%. Sébastien Bazin, Chairman and CEO Accor, states: “The Group continued to grow and develop its network during the third quarter of 2025. This performance demonstrates the appeal of its brands and the diversity of its geographical locations, which have enabled it to maintain strong momentum despite a mixed macroeconomic environment. To address these uncertainties, the Group’s profit protection measures are proving effective and now enable us to raise our recurring EBITDA growth target for the year. We are therefore pursuing our growth trajectory and operational and financial discipline, while activating new levers for value creation.” For the third quarter of 2025, the Group recorded revenue of €1,369 million, up 0.1% at constant currency compared with the third quarter of 2024. This increase breaks down into a 1.1% decrease at constant currency for the Premium, Midscale and Economy division and a 0.2% increase at constant currency for the Luxury & Lifestyle division. During the third quarter of 2025, Accor opened 77 hotels, representing 11,200 rooms, resulting in net growth of 2.5% in the network over the last 12 months. At the end of September 2025, the Group had a hotel portfolio of 859,830 rooms (5,760 hotels) and a pipeline of more than 250,000 rooms (1,453 hotels).
